249#
BolliToucher Reversal Trend

RSI
Filter and Renko Scalping

Bollinger
Bands reversal trading

Submit by
Lorenz

BolliToucher Reversal Trend is a
strategy for intraday trading and swing but is also suitable for trading with Binary Options High/Low. The poupose of this trading system is find the price mouvement when the price bounces or
came back from the Bollinger Bands for more precision I have add the trend filter for to have less false signals.

Time Frame 5 min or
higher.

Currency pairs: majors, minors and
Indices and Stocks.

Expiry time
3-candles.

This strategy is also suitable for
Renko chart box size 3 pips or higher.

Metatrader 4 indicators
setting

Bollinger bands period 20 and 2.5
deviation.

BolliToucher 20 perid and 2.0
deviation.

RSI filter 2
period.

Renko scalp indicator (4, 12,
7).

Slow Stochastic oscillator (20, 3,
5).

Trading rules BolliToucher
Reversal Trend

Buy

When the price bounces or came back
from the lower Bollinger bands buy when the all indicators are agree:

Stochastic oscillator crossing
upward,

RSI white
square,

Renk Scalp white
square.

Place initial stop loss below the
lower Bollinger bands (2.0).

Profit Target at middle band or
with predetermined profit target.

Sell

When the price bounces or came back
from the upper Bollinger bands buy when the all indicators are agree:

Stochastic oscillator crossing
downward,

RSI orchid
square,

Renk Scalp orchid
square.

Place initial stop loss below the
upper Bollinger bands (2.0).

Profit Target at middle band
or with predetermined profit target.

In the pictures BolliToucher
Reversal Trend in action.

BolliToucher Reversal Trend

BolliToucher Reversal Trend

BolliToucher Reversal Trend

Share your opinion, can help
everyone to understand the forex strategy.

Comments: 1

#1

Antonio(Thursday, 10 May 2018 13:43)

Hello Lorenz, it's a nice system,
but it would take a trend indicator because sometimes you find yourself against trend.
You could indicate which indicator to use as trent and with which parameters.
Thank you very much